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Rich Ballenger
Owner at C R Industries
Rich Ballenger is the co-owner of C R Industries, Inc., a metal fabricating company based in Cudahy, Wisconsin. He acquired the company in August 2022 along with Erik Thompson after a five-month search for a business opportunity.25 Prior to this venture, Ballenger served as the president of Lucas-Milhaupt, a $200 million global company, where he gained significant industry experience.34
Background and Education
- Education: Rich Ballenger attended Harvard Business School, which has contributed to his strong business acumen.1
- Career: His career includes notable leadership roles, particularly at Lucas-Milhaupt, where he developed skills that have been instrumental in running his own business.46
Current Role
As the owner of C R Industries, Ballenger focuses on expanding the company's capabilities in metal fabrication and powder coating. Under his leadership, C R Industries aims to grow from its current valuation of approximately $9 million.35
Community Engagement
Rich has been recognized for his contributions to the business community, being named one of Milwaukee's "40 Under 40" in 2023, highlighting his impact and potential in the industry.3
In summary, Rich Ballenger is a seasoned executive with a strong background in metal fabrication and leadership, currently steering C R Industries towards growth and innovation.